December 31 Cash Accounts receivable Office supplies Office equipment Trucks Building Land Accounts payable Note payable 2018 2019 $ 54,584 $ 10,561 29,629 23, 229 4,674 3,423 143,471 152,824 56,142 65, 142 0 187, 154 0 46, 703 77,895 38,634 0 133,857 2. Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 2019, the owner invested $34,000 additional cash in the business (in exchange for common stock) and the company paid a $45,600 cash dividend. $ 210,605 Equity, December 31, 2018 Add: Net income Add: Owner's investment 34,000 244,605 Less: Dividends Equity, December 31, 2019 45,600 199,005